British oil giant BP is set to acquire a big swath of oil assets from Devon Energy. The deal, worth up to $6 billion, would vault BP into the hot new oil region off the shores of Brazil.

Complaints about speed-control problems with Toyotas have surged since the car maker announced in September it would recall millions of cars to fix floor mats that can pin the gas pedal in an open position.

Malcolm Calvert, a City veteran and former partner at U.K. stockbroker Cazenove known by his peers as 'Streaky,' was found guilty of five counts of insider trading.

A year after U.S stocks hit their post-financial-crisis low, asset prices have been overwhelmingly positive for the President

The U.S. Senate approved a $138 billion measure that would extend unemployment benefits and provide additional aid to states in lawmakers’ second major effort this year to boost the economy.

President Barack Obama said he is ordering new efforts to curb waste and fraud in government health programs as he campaigns for an overhaul of the U.S. medical system.

AP - Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals in the popular hybrid.

AP - Mexican telecom tycoon Carlos Slim is the world's richest person, jumping past Americans Bill Gates and Warren Buffett to become the first person from a developing nation to top the list, according to Forbes magazine.

AP - China's inflation spiked higher in February, raising the chances that Beijing might need to cool the recovery in the world's third-largest economy.